Accsys Technologies Share Discussion Threads

[nw99] 31/1/2012 12:34

Nice chart most days just ticking up

[brightontrader] 23/1/2012 08:27

I should add that on earlier post I mentioned that I considered accoya for a jetty I wanted to build (out of my pocket) and it was 30-40% more than green oak so I discounted it, other reasons were the cut timber was not in the sizes I wanted, from memory 75mm thickness planks max that needed to be bolted together (to give required 150mm) with stainless steel bolts (that was a big extra cost, SS costs a fortune these days). So its not just the timber cost, its also the sizes they can apply the process too unless these are just whats available from their distributors. In the end I made the jetty (initial quotes £13,000) for just over £1600 using scaffold tubes rammed into the mud with bolted cross sections as braces slotted and hammered to hard mud level to prevent further sinking, then constructed a 6x2 and decking covered frame which concealed the tubes and coated the lot in a commercial timber sealant. Job done, will last 15-20 years, by which time I will have moved either somewhere else or underground. I mention this because I am a "customer" and this was my genuine experience. I was looking at accoya before this commercially though and thought to test it on personal project.

[brightontrader] 23/1/2012 08:12

I understand that the process itself is expensive hence the price points being as high as they are, which means there is little leeway on price, which in itself is the problem probably. Tap3, oddly the bridge photo is a good one given the only realistic market which is public projects that have to last a long time and where the installation costs far outweigh the material ones,( in my opinion.) This is a large market in normal times, but we are not in normal times with public expenditure being cut on exactly this type of project.

[tap3] 21/1/2012 02:53

Message to Board Yes it's a good product but it's too expensive. Focus on what the market needs... and get the price right. It's all very well to set up lots of worldwide outlets BUT get your product right first! Set fire to that dreadful bridge - or at least stop advertising it. Who on earth thought it would be a good advert? And, who on earth thought that you needed to set up world wide outlets before you had developed a successful product? MDF development, however, looks promising.

[brightontrader] 20/1/2012 16:29

I am still here, watching anyway but still not buying in although would have seen some good profit if a bottom feeder if that was the bottom...Spread is large for short term trades so not an ideal play in the penny stocks end of the portfolio, better to punt on yell if that's what gets your thing up in the morning. I see automated trades are playing up on the millenium exchanges quoting system triggering alarms, maybe someone has worked out how to raise the price enough to sell more than bought covering spread and this somehow has egged the share price on. Having said all that I am still holding same opinion on products but Medite's treated mdf has yet to show through in results. I do know for sure that the real mdf price compared to real timber/woods is so much lower we are selling 50-60% mdf made products now over timber as people want paint finished products more than natural wood stain finishes and mdf does the job as well or better than timber when painted. We still find its cheaper to coat with polypropylene mdf then use this product and it achieves enough water resistance for our purposes. The main thing is and always will be, green is OK but no one wants to pay a premium for it when it comes to check out. If a cheaper product does the job and looks the same then it will sell and manufacturers will not take the risk using more expensive materials because of this. The good news though is that cheap hardwoods are becoming scarce, trees are being cut earlier as investors cannot wait for returns so this pup may yet turn into a dog, or is that the wrong expression to use...sorry.

[roddiemac2] 19/1/2012 20:38

dunluce- you are correct ukjerry--this stock is eligible for ISA inclusion I held them from the outset. took a massive profit near the top, then stupidly bought some back in my ISA just before the credit crunch.

[dunluce] 19/1/2012 16:37

Certainly not going to get too carried away asmodeus- I see potential but as I said not the blue sky growth that was discussed a few years ago. Brightontrader has been a useful contributor to this board.

[asmodeus] 19/1/2012 16:15

Before you get too carried away, important to read posts 1305 and 1307, by an actual timber merchant.

[dunluce] 19/1/2012 15:43

Been here for some time( a few years ) and made a few pounds on trading but currently under water on longer term hold. I have always felt that both Accoya and Tricoya have huge potential - hence the longer term hold and still feel they will increase in volume even if I no longer have blue sky figures in mind. Cost has been discussed as a hurdle a number of times on various BBs with no definitive arguments put forward ( as I see it ) either way.

[tap3] 19/1/2012 14:32

Suspect it could be too expensive to take off? Anyone know?

[damanko] 19/1/2012 13:11

Depends what the definition of long term is, I guess.... Investors who sold out a few years ago at three Euros plus and banked the money will probably look at this now and think: LIGHTNING doesn't ......

[nw99] 19/1/2012 12:53

Long term this could be a winner

[tap3] 19/1/2012 12:10

New into AXS Seems a good product but needs recognition? That ineligant, cumbersome bridge avertised on the web site does the product no favours!

[ukjerry] 19/1/2012 11:46

I'm here (not 'still' as never been here before). Interesting play, not necessarily for fundamental reasons. - Brother of Deputy Prime Minister as Director so must be well networked/connected. - Finance Director is German and new factory in Germany - one of the better Euro economies. - Business is linked to construction industry cycles, housebuilding etc so should be straightforward to recognise growth and shrink opportunities. - Product technology is fundamentally sound and low-tech - Portfolio speaks to the green lobby as does not destroy hardwood real estate. On balance I think we are in the early stages of what over the next five years could be an excellent stock to have in a pension fund. Shame it's not FTSE as it would be an excellent ISA candidate.

[dylanl2] 19/1/2012 08:53

Yes, didn't sell as I may have implied - intruiging. Although I've invested I know very little on this one and it's a bit of a play...

[lufc5] 19/1/2012 08:49

Pretty much doubled since end of Nov'. Anyone still here????.....lol

[ptgint] 20/12/2011 17:02

I've been thinking the same Dylant..........just intrigued as to why its slow movement upwards.

[dylanl2] 19/12/2011 13:41

Agree, the market is seldom wrong - would it be prudent to move any money here elsewhere as we stand? I'm thinking it probably will be....

[damanko] 17/12/2011 21:15

selowen - could well be a who cares question. A few years ago this was 'worth' well over 3 Euros a share. I got out at two and something, very much doubt ACCYS will get close to those heady levels again. The market now rates this a complete dog. The market is seldom wrong. Please turn off the lights........................

[selowen] 17/12/2011 12:12

how much cash lefT?

[asmodeus] 16/12/2011 20:49

"Accsys (Cleggs) needs partners to grow"....

[5benny] 16/12/2011 18:24

Quiet here - anyone watching this dog? I see it had a bit of a rise today probably due to a mention in Money Week by Tom Bulford. http://www.moneyweek.com/investment-advice/penny-shares/2012-could-be-the-year-for-this-intriguing-penny-share-56815?utm_source=newsletter&utm_medium=email&utm_campaign=Money%2BMorning

[brightontrader] 15/9/2011 12:14

I suspect that the move was becuase of Cleggs statement about not losing as much money as usual...

[ebomber] 14/9/2011 08:44

Following a year of considerable change and challenges, I am optimistic about the future. We now have the right team in place that is focused on delivering increased sales and further improvements to our technology and processes. We continue to target the signing of a total of at least 30 distribution, agency or supply agreements and our objective of establishing Accoya® wood as a truly global brand. Together these are expected to deliver the level of sales which will result in the Arnhem plant breaking even and ultimately moving into overall profitability, even without taking account of any licence income. The progress in negotiating new licence agreements has been steady but we strongly believe the longer term value of Accsys continues to be in its ability to licence our technology. I am pleased by the progress made in the on-going development of Medite Tricoya®. This ground-breaking new composite panel product is being developed with our joint development partner, Medite Europe Limited, and delivers a new degree of reliability in exterior and wet interior applications. Significantly, the Building Research Establishment (BRE) carried out independent testing that concluded Medite Tricoya could meet demands for a desired service life of 60 years when used in exterior applications. Three industrial production trials have successfully been carried out over the last year and I am confident that following further production and market trials, the commercial feasibility stage of the development will be concluded. While wider economic conditions remain challenging, we are confident that Accsys is well placed, in particular we believe the longer term trend to move away from unsustainable tropical hardwoods will lead to ever growing demand for Accsys' superior, environmentally focused products. Finally, I am delighted to announce that the first Accsys Worldwide Conference will take place in Arnhem from 13-15 September, 2011, with a representative from each of our distributors worldwide invited. The conference will facilitate the sharing of ideas and knowledge and enable the showcasing of new products, projects and sales support tools. It will also provide a forum for highlighting opportunities and attendees will have the chance to visit our plant and see live projects in situ. Paul Clegg Chief Executive Officer

[ebomber] 14/9/2011 08:30

3 day dealer / distributor conference that started yesterday!!!